Plan Ledger DOL Form 5500 · updated monthly

Cosmax USA401(k)

COSMAX USA CORPORATION 401(K) PLAN · CARTERET, NJ · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Cosmax USA reported $51,028 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,882 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.77% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,491st of 2,419), and 2,886th of 4,246 in wholesale trade. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 246 to 332 since 2022.

Plan summary
Net assets, end of year$10,209,983
Participants with balances381
Active participants332
Employer contributions$624,974
Employee contributions$1,071,237
Employer contribution per active participant$1,882
Average account balance$26,798
Benefits paid to participants$1,449,048
Plan auditUnmodified (clean) audit opinion
AuditorSEJONG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 381 accts · $625K emplr
2023$8.6M · 411 accts · $537K emplr
2022$5.3M · 404 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,380
Investment management$24,648
Total administrative$51,028
The Cosmax USA 401(k) match · 2024
Employer contribution per active participant$1,882
Median for plans this size$1,313
2024$1,882 per active participant
2023$1,521 per active participant
2022$1,353 per active participant

Cosmax USA's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ADP, INC. · Loan processing · Recordkeeping$26,380
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$19,024
MAI CAPITAL MANAGEMENT, LLC · Recordkeeping · Trustee$5,623
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS, MAI CAPITAL MANAGEMENT, LLC
2023ADP, GLOBAL RETIREMENT PARTNERS

This plan has changed recordkeepers within these filings. If you left Cosmax USA before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,028 · 0.54%
2023$50,069 · 0.81%
2022$42,625 · 0.77%
Same employer
Similar plansWholesale Trade · New Jersey
Taylor Oil Co., Inc. NJ$11.4M · 0.28%
Automann, Inc. NJ$11.0M · 0.79%
Lts Group, Inc. NJ$10.1M · 0.31%
Well Luck Co., Inc. NJ$9.9M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 462342324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.